National CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

National  + Retail  | 

RCA Reports U.S. CRE Prices Rise 6.7%, Industrial Sector Paces Growth

U.S. commercial real estate prices increased 6.7% in September from a year ago, according to the latest RCA CPPI summary report. The “US National All-Property Index” rose 0.7% in September from August, maintaining the monthly pace of growth seen since May. Still, RCA points out there is wide variance in price trends across the property types.

The industrial index posted the largest annual gain across the property types again, up 11.9% YOY. Monthly price increases have slowed, however. Prices rose 0.3% from August, down from the 1.0%+ gains seen earlier this year.

Shifting to the apartment sector, RCA found growth ticked up to an 0.8% monthly pace and quickened to a 7.7% annual rate, arresting the slowdown in price growth seen since early 2018.

RCA reports price growth for both office and retail properties weakened significantly, compared with the rates posted a year earlier. The office index gained 3.1% YOY, compared to a 7.0% clip in September 2018. Retail continues to lag the other property types. Prices rose only 1.4% YOY, down from the 2.8% annual return a year ago.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Connect With RCA

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action
New call-to-action